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HF 708

as introduced - 90th Legislature (2017 - 2018) Posted on 02/01/2017 11:11am

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
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Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15 1.16 1.17 1.18 1.19 1.20 1.21 1.22
2.1

A bill for an act
 relating to capital investment; appropriating money for public infrastructure in St.
James; authorizing the sale and issuance of state bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin ST. JAMES; PUBLIC INFRASTRUCTURE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin (a) $13,230,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for grants to the city
of St. James for the projects in this subdivision. This appropriation does not require a nonstate
contribution, subject to Minnesota Statutes, section 16A.502.
 new text end

new text begin (b) $7,130,000 is to engineer, acquire right-of-way, and reconstruct streets, sidewalks,
storm water and sanitary sewer, water mains, lighting, utilities, and other capital
improvements of publicly owned infrastructure required for the reconstruction of marked
Trunk Highway 4 in the city of St. James.
 new text end

new text begin (c) $3,600,000 is to replace the storm sewer drain which serves St. James Lake and the
entire southern section of the city of St. James.
 new text end

new text begin (d) $2,500,000 is to design, engineer, and construct and install larger storm sewers and
a storm water retention pond.
 new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this section from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $13,230,000 in the manner, upon the terms, and with the effect
prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
Constitution, article XI, sections 4 to 7.
 new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
 new text end